Coterra Energy Inc. (CTRA)

NYSE: CTRA · IEX Real-Time Price · USD
26.05
-0.05 (-0.19%)
At close: Sep 22, 2023, 4:02 PM
26.09
+0.04 (0.15%)
After-hours: Sep 22, 2023, 7:59 PM EDT
-0.19%
Market Cap 19.67B
Revenue (ttm) 7.76B
Net Income (ttm) 3.11B
Shares Out 755.05M
EPS (ttm) 3.96
PE Ratio 6.58
Forward PE 11.04
Dividend $0.80 (3.07%)
Ex-Dividend Date Aug 16, 2023
Volume 8,162,743
Open 26.31
Previous Close 26.10
Day's Range 26.03 - 26.72
52-Week Range 22.25 - 31.76
Beta 0.28
Analysts Buy
Price Target 32.00 (+22.84%)
Earnings Date Nov 2, 2023

About CTRA

Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration and production of oil, natural gas, and natural gas liquids in the United States. The company primarily focuses on the Marcellus Shale with approximately 183,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. It also holds Permian Basin properties with approximately 307,000 net acres; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma. In addition, the company operates nat... [Read more]

Industry Oil & Gas E&P
Sector Energy
IPO Date Feb 7, 1990
Employees 981
Stock Exchange NYSE
Ticker Symbol CTRA
Full Company Profile

Financial Performance

In 2022, Coterra Energy's revenue was $9.05 billion, an increase of 162.42% compared to the previous year's $3.45 billion. Earnings were $4.07 billion, an increase of 251.04%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for CTRA stock is "Buy." The 12-month stock price forecast is $32.0, which is an increase of 22.84% from the latest price.

Price Target
$32.0
(22.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Coterra Energy to Participate at Upcoming Conference

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced that Thomas E. Jorden, Chairman, Chief Executive Officer and President, will participate in a fi...

24 days ago - Business Wire

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5 weeks ago - Forbes

Coterra Energy quarterly profit slumps as gas prices tumble

U.S. oil and gas producer Coterra Energy reported a massive fall in quarterly profit on Monday as gas prices scaled back from last year's peaks.

6 weeks ago - Reuters

Coterra Energy Reports Second-Quarter 2023 Results, Announces Quarterly Dividend

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported second-quarter 2023 financial and operating results. Thomas E. Jorden, Chairman, Chief Executive ...

6 weeks ago - Business Wire

Copy-trading Michael Burry portfolio generated 50% in 2023; What's inside?

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7 weeks ago - MarketBeat

Coterra Energy Recommends Stockholders Reject "Mini-Tender" Offer by TRC Capital Investment Corporation

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra”) today announced that it has received notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation ("TRC Cap...

2 months ago - Business Wire

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2 months ago - CNN Business

Coterra Energy Schedules Second-Quarter 2023 Results Conference Call for Tuesday, August 8, 2023

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra” or the “Company”) (NYSE: CTRA) today announced it will host a conference call on Tuesday, August 8, 2023, at 9:00 AM CT (10:00 AM ET) to discus...

2 months ago - Business Wire

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3 months ago - Forbes

Coterra Energy Announces Executive Changes

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced the retirement of two Executive Officers of the Company, effective September 30, 2023. Scott C. ...

3 months ago - Business Wire

Coterra Energy Reports First-Quarter 2023 Results, Announces Quarterly Dividend and Provides Update on Share Repurchase Program

HOUSTON--(BUSINESS WIRE)--Coterra Energy Reports First-Quarter 2023 Results, Announces Quarterly Dividend and Provides Update on Share Repurchase Program.

5 months ago - Business Wire

Coterra Energy Schedules First-Quarter 2023 Results Conference Call for Friday, May 5, 2023

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (“Coterra” or the “Company”) (NYSE: CTRA) today announced it will host a conference call on Friday, May 5, 2023, at 9:00 AM CT (10:00 AM ET) to discuss fi...

5 months ago - Business Wire

15 oil and gas stocks expected to be backed by ample cash flow through 2024

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6 months ago - MarketBeat

Coterra Energy Reports Fourth-Quarter and Full-Year 2022 Results, Provides 2023 Outlook and Updates Shareholder Return Strategy

HOUSTON--(BUSINESS WIRE)--Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported fourth-quarter and full-year 2022 financial and operating results. On October 1, 2021, Coterra an...

7 months ago - Business Wire

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9 months ago - GuruFocus

Coterra Energy Schedules Fourth-Quarter 2022 Results Conference Call for Thursday, February 23, 2023

HOUSTON , Jan. 10, 2023 /PRNewswire/ -- Coterra Energy Inc. ("Coterra" or the "Company") (NYSE: CTRA) today announced it will host a conference call on Thursday, February 23, 2023, at 9:00 AM CT (10:0...

9 months ago - PRNewsWire